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Author Archives: Caitlin Coakley, staff writer

Park Sterling Bank names chief risk officer

Charlotte-based Park Sterling Bank said it has hired Nancy Foster as chief risk officer. Foster, who is also director of the Risk Management Association in Philadelphia, has served as chief risk officer at New York-based  CIT Group and held various positions for ...

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City’s role in affordable housing questioned (access required)

In Charlotte, affordable housing has lately been at the fore of the “What role should government play?” debate. When voting for bond proposals Nov. 2, residents showed support for the city’s efforts to provide affordable-housing units. But the $15 million ...

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Council to discuss revised housing policy

The Charlotte City Council tonight will discuss proposed changes to the city’s housing locational policy under which new subsidized multifamily rental units will be prohibited within certain neighborhoods. If approved, the units would be illegal in neighborhood statistical areas labeled “transitioning” or “challenged.” ...

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Republican addition could bring board bipartisanship (access required)

Despite the red wave that swept the House of Representatives across the country Tuesday, the Democrats on the Mecklenburg County Board of Commissioners were able to hang on to their majority, losing only one seat. Although all six seats held ...

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